Fundraising Fox

SGInnovate

Government fund

Singapore · Seed–Series A · 27 people tracked

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Investment thesis

SGInnovate focuses on growing Singapore's emerging deep tech domains, backing science- and technology-based startups tackling significant challenges. Beyond capital, it develops deep tech talent at every career stage via traineeships, courses and job placement, and works to forge connections between businesses, organisations and talent to catalyse innovation across the ecosystem. Its mission centers on empowering innovators and building a robust deep tech community in Singapore.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
Check
$652K – $18M
HQ
Singapore, SG
Instruments
Equity
Tracked investments
14

Team · 27 people

from the firm's website
Benjamin Lim· Deputy Directorin

Focuses on semiconductors, fintech, energy and automation investments.

Jasmine Qiu· Assistant Directorin

Focuses on medtech and biotech investments.

Kellie Chan· Assistant Directorin

Focuses on generative AI, cybersecurity and quantum investments.

Tricia Chong· Deputy Directorin

Focuses on new materials, spacetech, agritech and sustainability investments.

Asher Lin· Assistant Managerin

Focuses on generative AI, cybersecurity and quantum investments.

Loh Jia Yi· Managerin

Focuses on agritech and sustainability investments.

Michael Nai· Managerin

Focuses on semiconductor and fintech investments.

NG Jaz Linn· Assistant Managerin

Focuses on agritech and sustainability investments.

Pravar Jain· Senior Managerin

Focuses on medtech and biotech investments.

Wang Chenyu· Senior Managerin

Focuses on automation and energy investments.

What they invest in

from 6 of 14 portfolio companies

Fintech ×2SaaS ×2Biotech ×1Cloud Computing ×1Cybersecurity ×1Deep Tech ×1Enterprise Software ×1Future of Work ×1

HQs:United States×4Singapore×2

Investments · 14 tracked

founders shown can be your intro path
Accelerated Materialsacceleratedmaterials.coin
ACKCIOackcio.comin𝕏
Ai Paletteaipalette.comin𝕏
Aidatechaidatech.io
Aidtechin𝕏

SGInnovate is a Singapore-based organisation that supports the development of Deep Tech companies through talent programmes, a Deep Tech-focused job marketplace, and startup funding and investment activities.

Deep TechSingapore, SG

Allay Therapeuticsallaytx.comin𝕏

Allay Therapeutics develops ultra-sustained analgesic products for post-surgical pain management.

BiotechHealthtechMedical DevicesSan Jose, US

Adam Gridley(Executive Officer, Director)Kristen Howells(Executive Officer)Josh Makower(Director)Hanson S. Gifford III(Director)Tak Cheung(Director)Karun D. Naga(Executive Officer, Director)

Amai Proteinsamaiproteins.comin
Archisenarchisen.comin
AutoWealthautowealth.com.sgin
Docket HQzoom.usin𝕏

Zoom is an AI-first work platform that provides video conferencing, communication, and collaboration tools for businesses of all sizes.

Cloud ComputingFuture of WorkSaaSSan Jose, US

Darin Brown(Executive Officer, Director)David Kerr(Director)Eric Tobias(Director)Kelly Shearon(Director)Scott D. Dorsey(Director)

IPOS Internationaliposinternational.com
Lotususelotus.ioin𝕏

Lotus provides a pricing and billing platform that helps API-based companies automate usage-based pricing models, with features spanning metering, invoicing, and pricing testing; it offers both an open-source self-hosted version and paid cloud/enterprise tiers.

Enterprise SoftwareFintechSaaSNew York City, US

Mikael Nida(Founder)inDiego Escobedo(Founder)in

Seedseed.coin𝕏

Seed offers mobile banking services tailored to small business owners, providing digital banking tools and support services for business management.

FintechSan Francisco, US

Brian Merritt(Founder/CEO)inRyan Hildebrand(Founder)in

Speqtralspeqtral.spacein𝕏

SpeQtral develops quantum key distribution technology for secure communications, offering both satellite-based and fiber-optic terrestrial solutions to protect critical infrastructure against quantum computing threats.

CybersecurityQuantum ComputingSpace TechSingapore, SG

Frequently asked questions

What stage does SGInnovate invest at?
SGInnovate invests at the Seed, Series A stages.
What is SGInnovate's typical check size?
SGInnovate typically writes checks of $652K – $18M.
What sectors does SGInnovate focus on?
SGInnovate focuses on AgTech, AI & Machine Learning, Biotech, Cybersecurity, Deep Tech, Energy, Fintech, Medical Devices, New Materials, Quantum Computing, Semiconductors, Space Tech.
Where is SGInnovate located?
SGInnovate is headquartered in Singapore, SG.

Media · Podcasts & interviews

featuring the team

Excellerator 2023: Dr Lim Jui, CEO of SGInnovate

GlobalBiotechRevolution · Dr Lim Jui

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